Swiss index Bearish With High Probability!Hello ladies and gentlemen,
according to my chart analysis of the index swiss, there is a high probability of a decline towards the $7800 level in the next few weeks!
Switzerland SMI Futures : Long ==> + % 3.05 Hi.
Reference Length = 337 bars (56 1D Bars)
Percentage change of Stock Market Terminal in the process of 337 bars:
Parameters
Position Size : %1 (0.01)
Leverage : 50x
Risk/Reward Ratio : 3.00
Stop-Loss : 10019
Goal : 10430
Regards.
FSMI Short. The 44 period MA is virtually flat, signalling a pullback.
All the technical indicators in the lower pane are also pointing towards a significant decline on multiple timeframes.
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Frequently Asked Questions
The current price of Micro-SMI Futures is 11163.00 CHF — it has risen 0.21% in the past 24 hours.
The volume of Micro-SMI Futures is 11.00.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Micro-SMI Futures this number is 98.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Micro-SMI Futures shows that traders are closing their positions, which means a weakening trend.